I doubt Chris has the numbers - we haven't seen any insto investors coming out against the CVC deal - I see that is a sign that they are in favor of the current board.
If Chris can't outline his plan and Jenny can't get numbers right on TV, how can people believe they'll do a better job?
While I am always hopeful for a good comeback and the completion of CVC deal gives me some comfort, I do understand that mfs is not out of the woods and the difficult issues of valuing its remaining assets due to cross-debt, gurantees and options issued to subsidary.
Chris needs to address all these issues to win backing from majority shareholders.
MFS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held